Construction Costs Remain Elevated Despite Stabilizing Base Metals

Via Metal Miner The Construction MMI (Monthly Metals Index) held true to its year-long sideways trend, only budging down 1.07%. While base metals prices in the construction market remain fairly stable, construction projects overall still continue to battle with elevated rates. This is especially true in the private sector. However, the market continues to push through more than a year of elevated interest rates and remains resilient, despite ongoing labor shortages. Metals Prices Stable, but Construction Costs Remain High The U.S. construction…